INDIKA ENERGY (Germany) Price on August 11, 2023

I41 Stock  EUR 0.07  0  6.38%   
If you're considering investing in INDIKA Stock, it is important to understand the factors that can impact its price. As of today, the current price of INDIKA ENERGY stands at 0.07, as last reported on the 28th of December, with the highest price reaching 0.07 and the lowest price hitting 0.07 during the day. INDIKA ENERGY holds Efficiency (Sharpe) Ratio of -0.0668, which attests that the entity had a -0.0668% return per unit of return volatility over the last 3 months. INDIKA ENERGY exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out INDIKA ENERGY's Coefficient Of Variation of (2,765), market risk adjusted performance of (0.69), and Risk Adjusted Performance of (0.02) to validate the risk estimate we provide.
  
INDIKA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0668

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Estimated Market Risk

 3.58
  actual daily
31
69% of assets are more volatile

Expected Return

 -0.24
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average INDIKA ENERGY is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of INDIKA ENERGY by adding INDIKA ENERGY to a well-diversified portfolio.

INDIKA ENERGY Valuation on August 11, 2023

It is possible to determine the worth of INDIKA ENERGY on a given historical date. On August 11, 2023 INDIKA was worth 0.11 at the beginning of the trading date compared to the closed value of 0.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of INDIKA ENERGY stock. Still, in general, we apply an absolute valuation method to find INDIKA ENERGY's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of INDIKA ENERGY where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against INDIKA ENERGY's related companies.
 Open High Low Close Volume
  0.11    0.11    0.11    0.11    1.00  
08/11/2023
  0.11    0.11    0.11    0.11    1.00  
  0.11    0.11    0.11    0.11    1.00  
Backtest INDIKA ENERGY  |  INDIKA ENERGY History  |  INDIKA ENERGY Valuation   PreviousNext  
Open Value
0.11
0.11
Closing Value
10.86
Upside

INDIKA ENERGY Trading Date Momentum on August 11, 2023

On August 14 2023 INDIKA ENERGY was traded for  0.11  at the closing time. The maximum traded price for the trading interval was 0.11  and the lowest daily price was  0.11 . There was no trading activity during the period 1.0. Lack of trading volume on 14th of August 2023 did not cause price change. The trading delta at closing time to the closing price today is 9.09% .

INDIKA ENERGY Fundamentals Correlations and Trends

By evaluating INDIKA ENERGY's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among INDIKA ENERGY's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. INDIKA financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About INDIKA ENERGY Stock history

INDIKA ENERGY investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for INDIKA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in INDIKA ENERGY will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing INDIKA ENERGY stock prices may prove useful in developing a viable investing in INDIKA ENERGY

INDIKA ENERGY Stock Technical Analysis

INDIKA ENERGY technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of INDIKA ENERGY technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of INDIKA ENERGY trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

INDIKA ENERGY Period Price Range

Low
December 28, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

INDIKA ENERGY cannot be verified against its exchange. Please verify the symbol is currently traded on Berlin Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

INDIKA ENERGY December 28, 2024 Market Strength

Market strength indicators help investors to evaluate how INDIKA ENERGY stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading INDIKA ENERGY shares will generate the highest return on investment. By undertsting and applying INDIKA ENERGY stock market strength indicators, traders can identify INDIKA ENERGY entry and exit signals to maximize returns

INDIKA ENERGY Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for INDIKA ENERGY's price direction in advance. Along with the technical and fundamental analysis of INDIKA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of INDIKA to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for INDIKA Stock analysis

When running INDIKA ENERGY's price analysis, check to measure INDIKA ENERGY's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy INDIKA ENERGY is operating at the current time. Most of INDIKA ENERGY's value examination focuses on studying past and present price action to predict the probability of INDIKA ENERGY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move INDIKA ENERGY's price. Additionally, you may evaluate how the addition of INDIKA ENERGY to your portfolios can decrease your overall portfolio volatility.
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